‘Greed’ is necessary incentive for free market
To the editor:
This is an explanation of how money is tied to “beans.” The way beans are produced has everything to do with “money” and profit. Who benefits from profits is how our economy works. It seems Mr. George Fisher cannot comprehend that profit/greed built this country. Without free enterprise and profit there is no incentive! Like anything there are exceptions, abuse and exploitation of profits. I believe most American business profits are based in fair economic standards.
On the conservative side, it was someone that saved their “money” and had the desire and ability to buy farm land. It was then the farmer who took the loan for the “money” to buy seed and machinery to grow “beans.” Then there was a guy who took a loan to get the “money” to buy a truck so he could get paid by the farmer to get the beans to the cannery. The cannery was started years ago with “money” earned by the owner’s grandfather. The cannery has expanded many times on “money” borrowed and is now a large corporation that services all sorts of farmers and their produce. The cannery employs 500 people and pays them a fair wage with “money” it earns in profit, it also pays dividends to stockholders. If all profit had to be shared, there would be no incentive to take risk and work hard. The truck driver comes back and delivers the products to your store and receives “money” for the delivery. Your “money” spent on beans can be traced all the way back to the farmer.
How many people in this chain of events did it for free?
On the liberal progressive side it goes something like this. These beans cost to much! That farmer, truck driver, corporate officer, plant manager and foreman make too much money! Beans should be free. Beans create greed. The government needs to regulate beans. Everyone should receive the same kind of beans for the same cost.
The reality is all the people who took risk, mortgaged their farms and homes, who worked long and hard to receive more “money” to provide more for their loved ones are entitled to keep it.
To those of you who took no risk and did not work for a better life, look to yourself. Quit complaining! If you don’t like free enterprise, grow your own beans!
Michael C. Spahr
Lewistown
